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US Liquor Sales Rise, But Not Enough To Offset COVID-Related Global Revenue Decline

PYMNTS

billion) write-down as a result of a bigger-than-expected decline in sales, as demand for its range of alcoholic beverages has plummeted in nearly all markets. The write-down relates to Diageo’s businesses in India, Nigeria, Ethiopia and South Korea, as well as complications created by the worldwide COVID-19 pandemic, Reuters reported.

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Uber Goes Autonomous For Uber Freight

PYMNTS

In August, the company announced it was expanding Uber Freight into new markets across the country, as well as introducing personalized load matching.

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Uber Freight Rolls Out Platform For Shippers To Access Its Network

PYMNTS

In August, the company announced it was expanding Uber Freight into new markets across the country, as well as introducing personalized load matching.

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Spotlight on lending: Commercial loan growth geographically

Abrigo

” The data pointed to states south of the Mason-Dixon Line as host to an increase in C&I loans in the third quarter. The list identified a significant uptick in commercial and industrial lending in the South, as 7 of the 15 community banks included are located in the region. From that subset of all U.S.

Lending 186
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Publix: 88 Years In Grocery And Looking To Grow

PYMNTS

A highly regional grocery store chain, it’s only known in the six states where it actually operates. Dominance in its home market aside, Publix is looking to expand its footprint and menu of offerings. Can a small, hyper-regional chain survive in a world where the biggest commerce players are lining up for a piece of the grocery pie?

Florida 105
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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Many of the issues which the OCC will be focusing on ring true for all banks regardless of regulator and region. The OCC on Oct. It measures 1-5, with 1 being the best score an institution can receive and 5 the worst). • Traditional control processes (such as audit, loan review, internal controls and due diligence).

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To Stop Scams, It’s Time to Add Sensible Friction to Easy Money

FICO

Since worries about regional bank struggles and an uncertain stock market are driving people with cash to look for safe havens and good interest rates, it pays to be very careful about security as well as who is behind the friendly new banking brand. in statistics, both from the University of South Carolina.

Fraud 52